Optimism among small-business owners edged down in October as firms faced inventory shortages and hiring difficulties forcing them to raise compensation at a historically high rate, according to the National Federation of Independent Business (NFIB). The NFIB’s small-business optimism index fell by 0.9 of a percentage point to 98.2 in October, according to the group’s Nov.9 Small…
Small-Business Optimism Drops as Hiring Woes and Inventory Shortages Sap Sentiment
Private Equity Industry Asks How Long the Boom Will Last
November 10, 2021
admin
BoomBusiness & EconomyBusinesses in COVID-19CompaniesEconomieseconomyequityEuropeIndustryinflationMarketsprivateUSUS NewsWorld
0 Comment
BERLIN—Private equity dealmakers are descending on Berlin for their annual get-together, with their industry thriving and many of them wondering how long the good times will last. Armed with billions of dollars, buyout firms have already taken advantage of what has been a record year for mergers and acquisitions (M&A), selling some of their assets…
US Antitrust Agencies See Merger Surge
WASHINGTON—The U.S. Justice Department and Federal Trade Commission said Monday that they had been notified of more than 4,000 proposed transactions between March 2020 and September 2021, sharply higher than normal. The agencies, which share the job of enforcing antitrust law, created an online portal to accept notifications of proposed transactions in March 2020, when…
China’s Tech Crackdown Is Affecting Its Biggest Shopping Extravaganza
November 10, 2021
admin
Alibaba Group Holding LtdBusiness & EconomyChinaChina Business & EconomyEconomiesMarket WatchMarkets
0 Comment
China’s yearlong crackdown on the tech industry has turned Alibaba Group Holding Ltd.’s (NYSE: BABA) global shopping extravaganza Singles’ Day into a more low-key affair, Bloomberg reports. Alibaba now seeks to shift focus from increasing sales towards sustainability and philanthropy, the key pillars of Chinese leader Xi Jinping’s drive to reshape China’s economy. What Happened…
Commerce Secretary Says She Has Spoken to Chip Makers Over Data Compliance
U.S. Commerce Secretary Gina Raimondo told reporters Tuesday that she had spoken to leaders of semiconductor manufacturing companies recently over data compliance. The Department of Commerce had asked global semiconductor manufacturers and automakers on in September to voluntarily fill out a questionnaire about the supply chain and gave them a deadline of November 8th to…
Stocks Stalled as Oil Fuels Inflation Nerves
November 10, 2021
admin
Asia & PacificAustraliaBusiness & EconomyBusinesses in COVID-19ChinaChina Business & EconomyCompanieseconomic policiesEconomieseconomyEuropeGold & CommoditiesHK BusinessHong KonginflationInternationalInvestmentLocal NewsMarket WatchMarketsMiddle EastNew YorkNY NewsOilRegional-Local NewsstocksUKUSUS NewsWorld
0 Comment
Asia & PacificAustraliaBusiness & EconomyBusinesses in COVID-19ChinaChina Business & EconomyCompanieseconomic policiesEconomiesEconomyEuropeGold & CommoditiesHK BusinessHong KonginflationInternationalInvestmentLocal NewsMarket WatchMarketsMiddle EastNew YorkNY NewsOilRegional-Local NewsstocksUKUSUS NewsWorld
SYDNEY—Asian stockmarkets were tugged lower by fresh concern about the solvency of China’s property developers on Wednesday, while a surging oil price added to worries that a hot U.S. inflation reading could renew pressure on policymakers to lift rates. Brent and U.S. crude futures extended gains into a fourth session, hitting two-week highs around $85…
Japan’s October Service Sector Sentiment at Highest in Nearly 8 Years
TOKYO—Japan’s service sector sentiment index in October rose to its highest level in nearly eight years after state-of-emergency curbs were eased last month and new COVID-19 cases slid. The economy watchers’ index advanced 13.4 points to 55.5 in October, the highest level since January 2014, the government data showed. It was the second straight month…
The Week Ahead in Biotech (Nov. 7–Nov. 13): Earnings Taper Off, Multiple Conference Presentations, IPOs, and More
Biotech stocks reversed course and closed the week ended Nov. 5 lower, squandering the gains notched early in the week. What was good news for Pfizer, Inc. turned out to be negative for several others engaged in COVID-19 vaccine and treatment research. Pfizer announced Friday its oral COVID-19 pill Paxlovid reduced the risk of COVID-19-related…
South Korea to Airlift Diesel Exhaust Fluid From Australia After China Cuts Supply
This week, South Korea will fly a military plane to Australia to airlift 27,000 litres of urea solution, also known as diesel exhaust fluid (DEF), as the country experiences a shortage crisis of the liquid after China dramatically cut its urea exports. Diesel vehicle drivers, particularly truck drivers, have been waiting in long queues to…
Tesla Shares Skid Again as Investors Brace for Possible Musk Stock Sale
Tesla Inc shares fell for a second straight day on Tuesday, as investors dumped the high-flying stock ahead of a possible stake sale by company chief Elon Musk. The electric-car maker’s shares were recently down 11.6 percent at $1,026. They were on track to shed some $133 billion in market capitalization, far more than the…
US News
RSS Error: A feed could not be found at `https://www.theepochtimes.com/c-us/feed`; the status code is `200` and content-type is `text/html; charset=utf-8`